Aldermen Joe Moreno, Will Burns and Jason Ervin are supporting a referendum that asks for a minimum wage of $15 per hour for employees of companies with an annual gross revenues in excess of $50 million. The referendum is also being supported by all eight members of the City Council's Progressive Reform Coalition. The Progressive Reform Coalition includes Aldermen Fioretti, Roderick Sawyer, Leslie Hairston, Toni Foukes, Ricardo Munoz, Scott Waguespack, Nick Sposato and John Arena.
Supporters of the referendum argue that a higher wage is needed for working families to survive in today's economy.
The referendum will appear on the March 18 ballot in 103 precincts in 20 Chicago wards across the city.